Business

Cyprus has recorded one of the highest productivity growth rates in the services sector for June 2024 compared to the same period in 2023, according to data released by Eurostat on Friday. ...

Employment in Cyprus increased by 2.1 per cent in the second quarter of 2024, with both the number of people employed and the total hours worked showing growth. According to provisional estimates ...

Cyprus-based internet browser Aloha, which operates on a privacy-first approach, this week sent an open letter to the World Wide Web Consortium, rallying industry leaders to eliminate “annoying cookie banners” ...

The Nicosia Municipality on Friday announced the launch of a new two-month business accelerator programme. This initiative is specifically aimed at individuals, teams, and existing businesses in the creative and ...

As marketers, we’re always trying to stay on top of trends and use them to our advantage. But we all know it’s not as easy as it sounds. ...

Personalised financial services have been a trend in recent years. Such services help companies to promote their brands, optimise customer experience, and increase the efficiency of operations. It was once ...

The Larnaca Regional Tourism Board (Etap) and the Larnaca Chamber of Commerce and Industry (Evel) on Friday called for significant improvements to public transport services in the district’s mountainous ...

Cyprus saw a significant rise in consumer prices in August 2024, with olive oil prices soaring by 62 per cent compared to August 2023. According to the latest Consumer Price Index data, which ...

Cyprus’ Industrial Turnover Index reached 136.6 points in June 2024, with 2021 as the base year set at 100 points.   According to a report from the Cyprus Statistical Service (Cystat), this marks a 2.6 per ...

Inflation in Cyprus stood at 1.5 per cent in August, its lowest level since March of this year, according to a report from the Cyprus Statistical Service (Cystat) released on Thursday. ...

Norway’s wealth fund will back a proposal demanding Nike (NKE.N) consider whether binding agreements with workers would improve its ability to address human rights issues when sourcing from ...

OPEC+ is discussing delaying an oil output increase scheduled to start in October after oil prices hit their lowest in nine months, four sources from the producer group told Reuters ...

New car registrations in Britain fell slightly in August, industry data showed on Thursday, in line with expectations of a traditionally quieter month. The Society of Motor Manufacturers and Traders (...

Inflation in Cyprus stood at 1.5 per cent in August, its lowest level since March of this year, according to a report from the Cyprus Statistical Service (Cystat) released on Thursday. ...

Fuckup Nights, a global movement and a series of events where industry leaders share their failure stories, are opening the autumn season in Limassol with their second event. Fuckup Nights ...

The government on Thursday decided to push back its decision to next Tuesday over the regulatory framework of the leg of the Great Sea Interconnector project connecting Cyprus to Crete. ...

The Cyprus Information Technology Enterprises Association (CITEA) announced this week that it has signed a cooperation agreement with the Dubai World Trade Centre (DWTC). This agreement paves the way for ...

The Cyprus Chamber of Commerce & Industry (Keve) on Thursday announced that the Shorewinner project, a pioneering effort to advance skills in the offshore renewable energy sector, is set for ...

The London Court of International Arbitration has reserved its decision over the €69 million claim filed for the Vasiliko liquified natural gas (LNG) terminal, it was reported on Thursday. According to ...

Digital banking platform FINOM, which also has offices in Cyprus, announced the appointment of Alessandro Camilotti as its new chief financial officer on Thursday. The Amsterdam-based firm explained that Camilotti’...

The Cyprus Securities and Exchange Commission (CySEC) this week announced that it has imposed a total administrative fine of €50,000 on Cypriot investment firm (CIF) IC Markets (EU) Ltd. According to ...

Cyprus’ Turnover Value Index for the transport and storage sector reached 139.4 units in the second quarter of 2024, marking an increase of 1.8 per cent compared to the same period last year. ...

The Central Bank of Cyprus (CBC) has reported a rise in interest rates on consumer loans, which increased to 6.67 per cent in July, up from 6.18 per cent in the previous ...

Eurozone business activity received a boost from France hosting the Olympic Games last month but the malaise in the bloc is likely to return once the Paralympics wraps up as ...